divided among the stockholders, shall not exceed eight per centum per annum, and the balance shall go into said profit and loss fund, to be distributed in charity, as hereinbefore provided for. SECTION 6. The president, and directors, shall report, an- To make annual nually, to the legislature, full and accurate statistics of the report to legisoperations, and conditions, of said association; the stockholders lature. of said association may establish such by-laws, rules, and regu- By-laws. lations, as are necessary for conducting the business of said, association, not inconsistent with the laws of this commonwealth; the stock of said association shall be transferable on Transfers. its books only, at the offices of said association. SECTION 7. That this corporation shall pay into the treasury Bonus to state. of the commonwealth a bonus of one-half of one per centnm on the capital stock hereby authorized, or hereafter created, in four equal annual instalments, and such other tax as is now, or may, hereafter, be imposed, by law, on corporations; and the stock- Individual liaholders of said company shall be individually liable for all debts bility. due mechanics, workmen, and laborers, employed by said company, and for all materials, and provisions, furnished to said company, to be sued for, and collected, as is provided in the twelfth, thirteenth, and fourteenth sections of the act incorporating the Lackawanna Coal and Iron Company, approved the fifth day of April, one thousand eight hundred and fiftythree; and the privileges hereby granted shall not extend for a period longer than twenty years. ELISHA W. DAVIS, ROBERT M. PALMER, Speaker of the Senate. APPROVED-The first day of May, Anno Domini one thousand eight hundred and sixty-one. A. G. CURTIN. [Re-published as directed by "An Act to correct the act, entitled 'An Act to incorporate the Loan Association of the city of Philadelphia,'" approved the second day of March, Anno Domini one thousand eight hundred and sixty-three. See laws of 1863, page 91.] APPENDIX-1862. Time for com mencement and completion of road extended. Board of managers. No. 592. A Further Supplement To an act to incorporate the M'Kean County Railroad Company. SECTION 1. Be it enacted by the Senate and House of Represenlatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That the time specified in the third section, of the act to which this is a further supplement, within which the works of the M'Kean Railroad and Navigation Company are required to be commenced and completed, is hereby extended for the further term of five years. SECTION 2 That the board of managers of said company shall hereafter consist of a president and six directors. JOHN ROWE, Speaker of the House of Representatives. LOUIS W. HALL, Speaker of the Senate. APPROVED-The twenty-first day of February, Anno Domini one thousand eight hundred and sixty-two. A. G. CURTIN. Preamble. No. 593. 3 Further Supplement To the act incorporating the East Brandywine and Waynesburg Railroad WHEREAS, The directors of the East Brandywine and Waynes- thirty thousand dollars is required to complete the road, pay land damages, and debts contracted in its construction; therefore, Directors au stock therefor. SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That the directors of said company are authorized to borrow any further amount of money, not exceeding thirty-five thou- thorized to borsand dollars, and issue certificates of preferred stock therefor, row money and bearing any rate of interest, not exceeding eight per cent. per issue certificates annum; and should any of the common stockholders subscribe of preferred for such preferred stock, they shall be entitled to receive certificates for two shares for every share of such preferred stock, so subscribed by them, upon surrendering their certificates, Cancellation of and cancelling the common stock, in lieu of which such preferred stock shall be issued; and said preferred stock may be secured, by mortgage, as provided in a former supplement; Preferred stock the holders of such preferred stock shall have the same right to be secured to vote, at all meetings, and elections, of the company, and be by mortgage. eligible to office as the common stockholders. common stock. SECTION 2. That this supplement shall be submitted to the Stockholders to stockholders, at a general meeting, to be called for the pur- vote upon the pose, and, if accepted by a majority of votes, shall be deemed acceptance of part of their charter. supplement. JOHN ROWE, Speaker of the House of Representatives. LOUIS W. HALL, Speaker of the Senate. APPROVED The first day of March, Anno Domini one thousand eight hundred and sixty-two. A. G. CURTIN. No. 594. An Act To incorporate the Hyde Park Cemetery Company. SECTION 1. Be it enacted by the Senate and House of Representatives of the Commonwealth of Pennsylvania in General Assembly met, and it is hereby enacted by the authority of the same, That Thomas Eynon, Thomas Phillips, Matthew L. Blair, Ed- Corporators. mund Heermans, Evan B. Evans, and their successors, be and they hereby are made a body politic and corporate, in law, by the name, style and title of the Hyde Park Cemetery Company, Name. and by that name, shall have perpetual succession, and be able and capable, in law, to have and use a common seal, to sue and Privileges. Corporators to act as managers until election. Capital stock. Amount of real Election of managers. Votes. President and other officers. first election. Powers and duties of mana be sued, in all courts of law and equity, and by that name, to have perpetual succession, be capable, in law, to purchase, hold, possess, use, enjoy, sell, and dispose of estate and property, real and personal, and to do all things incident to a corporation, within the intent and meaning of these articles, and the acts in such case made and provided; and until the election of managers, the corporators, above named, shall exercise all the powers thereof. SECTION 2. That the capital stock of the said, the Hyde Park Cemetery Company, shall be ten thousand dollars, to be divided into one hundred shares, of the par value of one hundred dollars each. SECTION 3. That the real estate, held by said corporation, shall at no time exceed, in quantity, twenty-five acres, and shall be located in the county of Luzerne. SECTION 4. That the affairs of said corporation shall be conducted by five managers, who shall be elected annually, on the first Monday of January, in each and every year, notice of such election, being given by handbill, posted on the gate of the cemetery; said managers to be elected by a majority of the votes of the members present, at the time, and place, designated in said notice; each member of said corporation, having one vote for each share of stock he shall hold; and the managers, thus elected, shall retain their offices for one year, and until their successors shall be duly elected. SECTION 5. That the managers shall elect, from among their number, a president, to serve for one year, and until his successor shall be appointed, and shall have power to appoint all necessary officers, and fix their several duties and compensaTime of holding tion; the first election, of managers, to be held at such time, and place, as the corporators, above named, shall designate. SECTION 6. That the said corporators, or managers, shall have power to lay out, ornament, divide, and arrange, the ground of said corporation, into suitable plots and burial lots, to erect suitable buildings, and do all other things, necessary or proper to be done, to make the lands, they may procure, suitable for a cemetery, and to sell, and dispose of, such plots and burial lots, for the purpose of sepulture, to individuals, societies, or congregations, under such conditions, rules and regulations, as the said corporators or managers may establish. gers. Lots, use and transfers of. Certificates of ownership. Exempt from taxation. SECTION 7. That none of the said lots shall be used for any other purpose, than that of sepulture, and they shall be free from levy or sale, by virtue of any execution, or other process, against the grantee or grantees of such lots; no grantee shall be at liberty to transfer his or her lot, to any person whomsoever, without the consent of the managers, first had in writing; a certificate, under the seal of the corporation, of the ownership of any lot, shall, in all respects, have the same effect, as any conveyance, from the corporation of such lots, would have, if executed, acknowledged, and recorded, as conveyances of real estate are required to be; and said certificate may be duly recorded, in the office for recording of deeds, et cetera, in and for the said county of Luzerne, in the same manner, and to have the same, effect, as if the same had been duly acknowledged or proved; and the said cemetery, and the lots therein, shall be forever exempt from taxation, except for state purposes. SECTION 8. That in the burial of the dead, the religious cere- Religious ceremonies, and the choice of the minister, shall be controlled by monies at futhe persons having charge of said burial; and their free action, nerals. in the matter, shall never be interfered with, by any rules or regulations of said corporation. SECTION 9. That the managers, or corporators, shall appro- Certain proporpriate, and set apart, fifty per cent. of all moneys, accruing to tion of income the said corporation, from the sale of lots; and after payment to be appropriaof the purchase money, of the real estate purchased by them, ted to a permafor the purpose of a cemetery, they shall invest the same, in good and safe security, as a permanent fund, for the support of said cemetery, until the principal and interest, thereof, shall amount to the sum of ten thousand dollars. nent fund. SECTION 10. That no street, road, lane, or alley, of any sort, Streets, roads, shall ever be opened through that part of the property of said &c., relative to. corporation, appropriated to the purposes of a cemetery: Pro- Proviso. vided, Nothing, herein contained, shall authorize said corpo ration to obstruct any public road or street, lane or alley, now actually opened and used, as such. SECTION 11. That any person, or persons, who shall carry, Shooting upon shoot off, or discharge, any gun or fire-arms, or any fire-works, grounds, penalwithin the limits of said cemetery grounds, shall be subject to ty for. the same pains and penalties, as are incurred by those who hunt game in cemeteries or burial grounds, under the provisions of an act, entitled "An Act to protect burial grounds," approved May seventh, one thousand eight hundred and fiftyfive. JOHN ROWE, Speaker of the House of Representatives. LOUIS W. HALL, Speaker of the Senate. APPROVED-The tenth day of March, Anno Domini one thousand eight hundred and sixty-two. A. G. CURTIN. |